Nick Giambruno: Those are some great examples of how the uranium market is so violently cyclicalnot just in terms of the financial aspect but also the emotional aspect. You cant store enough coal. Now, such an approach was practical then, when there were only around five uranium juniors. And the timing was pretty good. Keep in mind:1.) NOW READ: Demand is assured, supply is not: Deep Yellows John Borshoff on why the uranium sector is in a broken-down state. I had the chance of speaking with Rick Rule on May 9, 2022. By proceeding, you confirm you understand that we handle personal information in accordance with our PrivacyPolicy. So its important to note that in a macro sense the market is right back where it was in terms of the risk-reward parameters as the start of the previous bull market. We look forward to assisting you with your resource portfolio. An astute analyst and highly successful resource sector investor who has financed numerous exploration and mining companies over his 45-year career. The incentive price for new production of uranium with inflation in the supply chain is $US75/lb, Rule says. Famous speculator Rick Rule is looking to pour money into uranium stocks. So from the political perspective of Japan, nuclear is an important part of their energy future. MINING IN ONTARIO. Rick Rule: Well its actually eerily similar. Its wise to wonder whats going to happen, and to take advantage of growth while also being prepared for crisis. In fact, theyre running the country on brown dirty coal and ironically imported uranium electricity from Poland and France. Saudi Arabia plans to use domestic uranium for nuclear fuel, Uranium 2022 Recap and What to Expect for 2023 Justin Huhn. The previous part was interesting and sort of controversial, as Rick told me he had trimmed some of his uranium positions. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his player picks: NAC Kazatomprom JSC, Sandstorm Gold, and Endeavour Mining PLC. Copyright 2010 - 2023 by Dividend Earner. The structure of the physical uranium market has been changed by SPUT, in Rick Rules view. The minimum risk on any investment mentioned in this publication is 100% loss of capital. Im sure they will be benefited from this site. In fact, people hated uranium. Performance Analysis. They lose $25 a pound and do it 100 million times a year. Privacy Policy. They actively hated it, which is how I knew that I was pretty lonely in this thesis and therefore likely would be rewarded if I were right. But probably more importantly, the inventory on the market, which the market now sees as supply, goes back to being inventory. He told me it were all ranking made at a certain point in the past (screenshots somewhere in time, if you will). All Rights Reserved. Its important to note that Japan has had a policy of energy security since the Arab oil embargo in the early 1970s. Certainly, its their money, not my money, so I can only suggest what they do rather than tell them what to do. The Daily Dive ft. John Ciampaglia, Scott Galloway on Rebranding Nuclear Energy, Zacks Small-Cap Research Report: Deep Yellow Limited, Update From Sprott's Uranium Trader - Per Jander. Rick documents the risks around sentiment and why investors tend to absorb . There are certainly Australian listed companies Lotus, Paladin, Boss, Deep Yellow that I think are excellent speculations.. In other words, when the upside was inevitable and absolutely had to happen, nobody cared. He hasnt sold all of his uranium stocks, but as a speculator he has taken profits where profits were given to him easily, he told me. Curated by Michael O'Reilly since 2020 1550+ opinions with 4.81 rating (one of the best performing expert) All Rating Big Win . I see a couple comments about the correctness of the given comments by Rick Rule. They are very timely, so watching this video after June 1 (when it was recorded) is possibly not a good idea. Thats an unbelievable number, quite frankly. You buying results in them making money. Reddit and its partners use cookies and similar technologies to provide you with a better experience. Uranium Daily 2023. The US Department of Energy (DOE) awarded a $14 million contract for uranium conversion services to Converdyn, the marketing arm of Honeywell, which owns a uranium conversion facility in Illinois. Or a neon display of its logo? In general, the market declines have made higher-quality companies more attractive than most small-caps, although very soft markets can generate some extraordinary small-cap values. That stock was a bellwether in my career. When Marissa McNeelands was hiring a senior artificial intelligence product manager last year, she asked recruiters to suggest an equal number of male and female candidates. JMM INC, Resource Talks. 00:00 Important warning01:00 Rick Rules symposium sentiment indicator07:30 The past, current, and future of uranium11:00 Is it time to go all in on uranium?13:00 Is uranium the only thing Rick has bought?16:10 How would Rick invest his money if he wasnt rich?20:40 Ricks opinion on the uranium market22:50 Denison vs UEC M&A29:20 Deep Yellow & Vimy M&A32:00 More uranium M&A to come?36:30 Rick Rule ranks a few uranium stocks51:00 African uranium companies57:00 Australian uranium companies57:30 More Rick Rule rankings. Ownership of Top Picks: 100.00%. Please tell me about it. Might miss out on some profits during this bull run, but the unbiased knowledge one would get would, I think, make up in many future commodity bull runs. Fancy an espresso machine once used by Twitter employees? Eric Nuttall, partner and senior portfolio manager at Ninepoint Partners, said he sees oil demand normalizing in China this year and thinks it will be a tailwind for the sector. in the last 30 days. It's free. The stock market continues to hit new record highs. Of that, he has a shopping list that is limited to 12. The information you requested is not available at this time, please check back again soon. And that story about you buying all the uranium juniors in the late 1990s reminded me of that. "Uranium is way too cheap relative to its supply." Rick Rule will rank readers' natural resource equities, on a free, no obligations basis. When it comes down to picking exploration stocks, Rick told me that you make money by employing new ideas in old places or old ideas in new places, but never by employing old ideas in old places. Many . 2022 has been a news filled year beginning with civil unrest in Kazakstan, the invasion of Ukraine, energy sanctions on Russia, UK's big push into nuclear power, the restart of idled nuclear plants in Japan and the . Other sector favourites include uranium, where increasing attractive voter sentiment, an undervalued commodity and increased near-term demand from Japanese restarts collide with a newly tightened spot market. The other thing that goes to your contrarian point, Nick, is that when the price of uranium was $8 a pound and the cost to produce it was $20 a pound, the investment thesis was either the price goes up or the lights go out; those were the only two choices. The president and CEO of Rule Investment Media and the chair of Equinox Gold joins Harry Melandri to talk about why he's turning his focus to uranium. Aktienanalysen - finanzen.net Whats really amazing about uranium is after you got through the investment case, when people got done being bored, as a consequence of Hiroshima, Nagasaki, Three Mile Island, and Chernobyl, people were angry. Since nuclear power is a highly-regulated industry, it depends on what these governments do. It's instructive, Eric, to remember the last bull market. He focuses on sub $1,000,000,000 market . If you have the ability and desire, you can support my work here:https://www.patreon.com/babyinvestments If you have the need and desire, you can have Rick Rule rate your portfolio over here:https://www.sprottusa.com/rankings This is the second part of my conversation with Rick Rule that took place on June 1, 2021. Those who listened could have made a fortune. Could the price of uranium go from $US48/lb to $US40/lb first?, Rule asks. Dividend Earner will not accept any liability for loss or damage as a result of reliance on the information contained within this website including data, quotes, charts and buy/sell signals. Antonio Atanasov is not an investment advisor. Templeton knew that extreme fear had pushed US stocks down to ridiculously cheap prices. Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. . Get numerous opinions before taking your own decision in the end. By Patrick Karim Oct 7, 2022 stock: Blue Sky Uranium, stock: Cameco, stock: Canalaska Uranium, stock: Centrus Energy, stock: Denison Mines, . How Big Banks and Bigger Government collude to skew the news and skewer the taxpayer. he stated that these rankings are subject to change based off of share price. Doug Casey: Just to follow up on what Rick was saying, by the subsequent peak of the last uranium bull market, there were over 500 so-called uranium companies. That really depends on your point of view. Rick Rule graded my uranium stocks again. The Project Feasibility Study kicked off August 2021 and is anticipated to be completed by mid-2022. Roles in marketing, cannabis dispensaries, sustainability and various digital roles are among the fastest-growing job titles in Canada, according to new data from LinkedIn. 853 Opinions Unlock Rating. Rick Rule also told me that there will be a time to go all-in. Interesting as always when I see how they rank! So Im paying more attention to Japanese restarts. It doesnt seem an optimal use of capital to buy them all this time around. Rick Rule: Well, I don't think you forgot to ask much, Maurice. They didn't put forward any women, but she knew there had to be some who were more than qualified for the job. It was the single most important financial event of my career.. Bought DNN calls at $.70 and while they fluctuated in Top 10 requested tickers. Some veterans of the last bull market were waiting for uranium companies to fall to real liquidation levels in 2020 and 2021. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. "I had expected the market to be flat. Therefore Dividend Earner doesn't bear any responsibility for any trading losses you might incur as a result of using this data. 28. Hopefully he starts disclosing some of his positions in a month or so. Lessons from the Masters: Where is market mover Sprott spreading its cash on the ASX in 2022? Rick Rule graded my uranium stocks. He said after he locks in his positions in the next 3 weeks he will talk his book. Nick Giambruno: So, Rick, what similarities do you see in the market today that were present in the late 1990s? And I would suggest to people who are interested in speculating in the space that they understand that it could easily be 18 to 24 months from here before the market turns. But I wouldn't be surprised at all to see it free of enCore. Then, in March, DYLannounced it had secured support from the board ofVimy Resources (ASX:VMY)for an all-scrip takeover worth $658 million that will increase the chances of developing Vimys world class Mulga Rock uranium mine in WA. The rankings are 1-10, with 1 being best. Fans of the social media company have a chance to get their hands on them in a fire sale of items from its San Francisco headquarters starting Tuesday. . Waiting for others to initiate development and seeing what intial bumps they encounter before going forward seems like a solid strategy but will also result in maximum equity performance later in the cycle. Markets coverage, company profiles and industry insights from Australias best business journalists all collated and delivered straight to your inbox every day. Before taking any action on any investment, it is imperative that you consult with multiple licensed, experienced, and qualified investment advisors. Press question mark to learn the rest of the keyboard shortcuts, Debt gets pulled from the future and is injected into the system. Either the price of uranium goes up or the lights go out. Unlock Expert's Rating and Top Picks Portfolio. He was right, of course, and it was the start of his fortune. Rick Rule is a director at Sprott, a large shareholder, and may receive direct and indirect compensation for some accounts established at Sprott Inc. Rick Rule believes that the largest profits come in the 8th or the 9th inning, which he thinks were still not in. Christine Poole's Top Picks: January 18, 2023, Darren Sissons' Top Picks: January 16, 2023. So very quickly you sterilize, from the markets perspective, the overhang. If a manager was speaking in here, beware. You cant even store enough liquefied natural gas. This increases the risk, and to mitigate it, Rick would like to see lower prices.In previous interviews, Rick has called NexGen a \"must own uranium stock\". Get the latest Stockhead news delivered free to yourinbox. Anyone who acted on that information probably made life-changing wealth. Also discussed is Rick's current view on uranium (5:59 . There are some of these deposits that Rick said to be attracted to, but he thinks that given the risk that is embedded in the companies' businesses, they should be selling for lower prices. When emotions and politics are involved, that automatically gives you volatility. Thats what my friend Rick Rule, CEO of Sprott US Holdings, once told me of his experience in the uranium market. Youve successfully subscribed to Uranium Daily. Dave Allen quit his job at WPP during the 2008 financial crisis to start a brand agency that turned over 10 million in 2022. Its worth noting, if my memory serves me well, that the worst of those five went up 20 to 1 in the ensuing bull market. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his past picks: Equinox Gold, Sovereign Metals, and Centaurus Metals. Doug Casey: A contrarian is somebody whos running against the crowd. Canadian inflation slowed in December and experts think this could support a final policy rate hike by the Bank of Canada next week, before pausing its aggressive interest rate strategy. But if the price must go through $US75/lb, it is a potential $US8 downside juxtaposed with a minimal $US27 upside the juxtaposition of risk v reward looks very attractive.. 2016 Sprott Natural Resource Symposium. And it turned out that 95% of themor morewere turkeys, but they were all able to fly because the wind was blowing. Reality often varies from peoples expectations. All Rights Reserved. Rick Rule, president and CEO of Rule Investment Media LLC, discusses his top picks: Africa Oil, G2 Goldfields, and Reunion Gold. Morning Update So now is when you buy. Pic: Rule Investment Media/ Getty Images, Stockhead. By rejecting non-essential cookies, Reddit may still use certain cookies to ensure the proper functionality of our platform. We have also experienced a dramatic thinning of the number of uranium companies from a high of 500 down to around 25, which I think is interesting. For the past 45 years, Rick Rule has been investing and speculating in the natural resource industry. The latest Stockhead news delivered free to yourinbox who has financed numerous exploration and mining companies over his career. Price of uranium with inflation in the supply chain is $ US75/lb, Rule says probably made life-changing wealth once! 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